EUR/USD Forecast: Attempting to Grind Higher – 29 October 2025
EUR/USD is slightly bullish but remains capped by the 50-day EMA, with major resistance at 1.17 and volatility expected around the Fed and ECB rate decisions.

EUR/USD is slightly bullish but remains capped by the 50-day EMA, with major resistance at 1.17 and volatility expected around the Fed and ECB rate decisions.
NZD/USD is rising cautiously toward resistance at $0.58 and the 50-day EMA, where signs of exhaustion may trigger a bearish reversal ahead of the FOMC decision.
The GBP/USD pair extends its downfall for the second consecutive day – also marking the ninth day of a negative move in the previous ten – and drops to a nearly three-month low during the first half of the European session on Wednesday.
USD/JPY fell sharply from the ¥153 resistance zone, hinting at a potential double top, with ¥150 emerging as a key support level ahead of major central bank decisions.
Superb returns on assets and equity, along with double-digit earnings-per-share growth, are bullish catalysts. Should you buy Mastercard ahead of its earnings data release?
Natural gas prices dipped toward key support near the 200-day EMA as the market transitions to the December contract, with colder weather and seasonal demand likely to fuel further upside.